lauralea

V Cup and Handle

Long
NYSE:DHI   D.R. Horton, Inc.
DHI did well on earnings

V cup low is 25.51 and mid v cup is 44.03

Home builders seemed to be in a slump for a while but maybe coming back after DHI beat earnings

Some place a stop below Mid V or the most recent pivot low

DHI fell from a bearish rising wedge several weeks ago but appears to have recovered

Just an observation
Possible Long term targets are 109.4 to 122
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